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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (39471)	11/7/1997 6:45:00 PM
From: Petz	Read Replies (2) \| Respond to of 186894

Paul, huge contingent liability on Intel's balance sheet and poor timing of share repurchases. I recently reviewed Intels 3Q report and found some interesting stuff: 1. In the third quarter Intel repurchased 2.5 million shares for $251,000,000. They are now worth $193,600,000, a loss of 57.4 million. 2.By selling put warrants continuously over the past nine months, Intel has a contingent liability to purchase 6.5 million shares of stock at an average price of $90. With results like this, be thankful they elected not to expand their share repurchase program. Petz

To: Paul Engel who wrote (39471)	11/7/1997 7:22:00 PM
From: Gary Kao	Read Replies (4) \| Respond to of 186894

Paul or Yousef: new Pentium Bug story! What do you all make of this? Is this garbage? Gary news.com Pentium bug surfaces By Brooke Crothers November 7, 1997, 2:20 p.m. PT A new bug that crashes Intel (INTC) Pentium processors has been found and is now being discussed openly on the Internet. The bug has the potential to crash Pentium computers and could be used as a weapon for sabotage, according to Robert Collins, whose Intel Secrets Web site tracks inside information on Intel, the world's leading chipmaker. The "Pentium FO" bug can freeze up Pentium MMX and "classic" (non-MMX) Pentium computers, according to Collins. Worldwide, these machines number in the hundreds of millions. Message traffic concerning the bug is starting to pick up in Intel newsgroups on the Internet, just as it did for the Pentium FPU bug a few years ago. "This is for real. I've known about it for a couple of months," Collins said. "I actually think there's no excuse for [Intel] not having found this," he asserted. The company had not yet returned inquiries concerning the bug. The bug is a single illegal instruction and not something that would be deliberately coded into a software program, according to Collins. Therefore, it will not be found in commercial software or independently developed software. Nevertheless, this instruction could be inserted into a C program and used maliciously to bring down a company's server computers, for example, according to Collins.